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Crypto

ZestProtocol Beats Aave in Stablecoin Borrowing Costs

Guavy AI Editorial Team
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BTC AAVE
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KuCoin has announced that borrowing stablecoin against Bitcoin (BTC) on ZestProtocol is cheaper compared to other protocols in the crypto space.

According to KuCoin, the variable Annual Percentage Yield (APY) on Zest Protocol for borrowing stablecoin against BTC is 2.14%, which is lower than Aave's variable APY of 3.92%.

The data source for this comparison is a website called @borrowonbtc, where users can track the interest rates and fees associated with various lending protocols in the crypto space.

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